Monthly Archives: June 2025
New Zealand economists expect better economic growth and consumer spending from lower interest rates
Written on June 16, 2025 at 4:51 am, by davin
New Zealand’s economic forecast shows a 1.1% GDP contraction by March 2025, followed by a 1.9% growth. Lower interest rates may boost spending but caution due to a soft job market lingers. – vtmarketsmy.com
Canadian dollar climbs to eight-month high as US dollar remains stable and crude oil prices rise
Written on June 16, 2025 at 4:50 am, by davin
The Canadian Dollar is rising due to steady US Dollar performance and climbing crude oil prices, despite minimal economic data. Watch for upcoming inflation figures to test its strength. – vtmarketsmy.com
The PBOC plans to set the USD/CNY midpoint rate at 7.1854, according to Reuters estimates.
Written on June 16, 2025 at 3:51 am, by davin
The PBOC guides the yuan’s value through a managed system, adjusting a daily midpoint within a +/- 2% range. Traders must watch for deviations indicating potential interventions, especially amid external pressures. – vtmarketsmy.com
Dow Jones Industrial Average drops over 1,000 points amid rising Middle East tensions
Written on June 16, 2025 at 3:51 am, by davin
The Dow plummeted over 1,000 points due to geopolitical tensions, despite positive consumer sentiment. Future Fed rate cuts are likely, emphasizing the importance of upcoming economic data for market stability. – vtmarketsmy.com
Trump suggests potential US role in Israel-Iran conflict while stressing current non-involvement
Written on June 16, 2025 at 3:51 am, by davin
Trump indicated the US is not involved in the Israel-Iran conflict but hinted at potential future engagement. Traders should watch for volatility in markets as events unfold. – vtmarketsmy.com
Geopolitical tensions rise, leading to a decline of the Australian Dollar against the US Dollar due to various influences.
Written on June 16, 2025 at 3:50 am, by davin
The AUD/USD is falling below 0.6500 amid rising geopolitical tensions and limited Australian economic data. As safe-haven demand for the US Dollar grows, riskier currencies like the AUD struggle. – vtmarketsmy.com
The South Korean government plans to help exporters with financial and shipping support due to trade concerns
Written on June 16, 2025 at 2:51 am, by davin
South Korea’s Finance Ministry closely monitors markets as export pressures rise amidst trade tensions. With the won weakening, policymakers may intervene, balancing volatility with potential risk-reward opportunities. – vtmarketsmy.com
US Dollar strengthens against Japanese Yen amid geopolitical tensions and central bank policies
Written on June 16, 2025 at 2:51 am, by davin
The USD/JPY pair is above 144.00, driven by geopolitical tension and diverging monetary policies. Despite safe-haven demand for the Dollar, the Yen weakens amid Japan’s uncertain economic recovery and interest rate expectations. – vtmarketsmy.com
Chinese bank loans rise unexpectedly to 620 billion yuan despite declining growth and weak demand
Written on June 16, 2025 at 2:51 am, by davin
China’s new bank loans fell to 620 billion yuan in May, below expectations, highlighting weak borrowing appetite and slowing credit growth. Analysts anticipate further rate cuts to stimulate demand. – vtmarketsmy.com
Gold surpasses $3,400 amid rising safe-haven demand following the start of the Israel-Iran conflict
Written on June 16, 2025 at 2:50 am, by davin
Gold prices are rising due to the Israel-Iran conflict, reaching a five-week high. As inflation declines, all eyes are on the Federal Reserve’s upcoming meeting, impacting gold’s upward trajectory. – vtmarketsmy.com
